Telephone and Data Systems (MIC:TDS-RM) Cyclically Adjusted PS Ratio: (As of Aug. 04, 2026)

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What is Telephone and Data Systems Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Telephone and Data Systems  (MIC:TDS-RM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Telephone and Data Systems Cyclically Adjusted PS Ratio Related Terms


Telephone and Data Systems Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Telephone and Data Systems's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telephone and Data Systems Cyclically Adjusted PS Ratio Chart

Telephone and Data Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.19 0.36 0.69 0.89

Telephone and Data Systems Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 0.74 0.83 0.89 0.93

MIC:TDS-RM vs LBRDA, LBTYA, KYIV: Cyclically Adjusted PS Ratio Comparison

For the Telecom Services subindustry, Telephone and Data Systems's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telephone and Data Systems Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telephone and Data Systems's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Telephone and Data Systems's Cyclically Adjusted PS Ratio falls into.



Telephone and Data Systems Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Telephone and Data Systems's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Telephone and Data Systems's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=215.642/330.2130*330.2130
=215.642

Current CPI (Mar. 2026) = 330.2130.

Telephone and Data Systems Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 744.508 241.018 1,020.033
201609 746.731 241.428 1,021.341
201612 702.351 241.432 960.624
201703 618.826 243.801 838.161
201706 661.578 244.955 891.844
201709 652.434 246.819 872.875
201712 654.784 246.524 877.068
201803 620.676 249.554 821.286
201806 697.846 251.989 914.476
201809 745.616 252.439 975.333
201812 791.472 251.233 1,040.287
201903 703.364 254.202 913.683
201906 685.477 256.143 883.699
201909 718.093 256.759 923.526
201912 713.736 256.974 917.155
202003 865.190 258.115 1,106.859
202006 768.486 257.797 984.356
202009 909.129 260.280 1,153.397
202012 891.672 260.474 1,130.407
202103 862.426 264.877 1,075.157
202106 830.722 271.696 1,009.640
202109 836.547 274.310 1,007.031
202112 874.473 278.802 1,035.726
202203 1,190.001 287.504 1,366.777
202206 732.600 296.311 816.419
202209 736.258 296.808 819.122
202212 728.495 296.797 810.515
202303 867.607 301.836 949.175
202306 909.986 305.109 984.859
202309 1,090.541 307.789 1,169.992
202312 -2,008.332 306.746 -2,161.975
202403 986.959 312.332 1,043.462
202406 981.712 314.175 1,031.826
202409 260.280 315.301 272.590
202412 278.070 315.605 290.941
202503 209.418 319.799 216.238
202506 801.608 322.561 820.624
202509 215.650 324.800 219.244
202512 223.000 324.054 227.238
202603 215.642 330.213 215.642

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Telephone and Data Systems Business Description

Other Exchanges TDSpU.PFD:USATDS:USA
Address 30 North LaSalle Street, Suite 4000, Chicago, IL, USA, 60602
Telephone and Data Systems Inc is a diversified telecommunications operator that provides communications services to customers through broadband, video, voice, and wireless connections. The company has two reportable segments: TDS Telecom and Array. The majority of its revenue is generated from the TDS Telecom segment, which generates revenue by providing broadband, video, voice, and wireless services. The Array segment generates its revenue mainly by leasing tower space on Array-owned towers to customers.